Deputy: lifting of restrictions on foreign investors will develop the national economy

Deputy: lifting of restrictions on foreign investors will develop the national economy praised the Finance Committee MP Abdel Hussein al-Yasiri, the decision of the State Department to lift the restrictions that were imposed by the Iraqi banks during the former regime to European investors because it will encourage the entry of European firms to invest in the country. Yasiri said: The Iraqi foreign minister when he received some of the foreign ministers European countries promised to lift all restrictions that were imposed by the investment bank of Iraq The European European investors, will enhance the mutual cooperation between Iraq and European countries. He said as the Iraqi economy is in transition from a totalitarian regime central to the system of investment and free market, he must remove all obstacles that was imposed by the policy of the former regime for foreign investors to benefit the interest of the country., explaining that the decision to lift the restrictions in front of European investors came in line with the aspirations of the people and the new system, which is going through the country the fact that investment and to invite international companies and to create the right climate and environment of legal and practical, in addition to reducing the tax them and allow the transfer of benefits and profits which Ahakqunha will encourage the entry of companies into the country and boost investment. The EU delegation included the foreign ministers of Sweden, Poland and Bulgaria visited Iraq, Saturday (June 23, 2012), to discuss ways to develop economic and political relations with Iraq, and against which Foreign Minister Hoshyar Zebari, the European Investment Bank lifted restrictions that had previously imposed on European investors, stressing that this move will enable them to invest directly in Iraq. bit.ly/LiNDqh

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June 28, 2012 at 10:27 am